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Wednesday, December 13, 2017

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Administration Used Flawed System To Deny Annual C.O.L.A.

By Paul Wylie, published on Aug 22, 2010

...such as S.S.I. and Food Stamps a yearly cost of living increase.

The move, expected to trim billions of dollars off of the annual budget allotted for just such programs, stems solely from a practice started during the Clinton years, and one which even the government's own General Accounting Office will not sign off on. It will also signal the first time since 1975, when Social Security benefits were indexed to inflation, that the increase will not happen.

Many Americans may have missed the announcement by the Obama Administration just before Christmas. In the 'news dump'... (more)

Tags: politics, poverty, obama administration, social security, scam, accounting

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